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Emerson awarded Shell Prelude contract

Sep. 07, 2016 10:09 AM ETEmerson Electric Co. (EMR) StockEMRBy: Yoel Minkoff, SA News Editor
  • Shell Australia has chosen Emerson (EMR +0.3%) to provide automation maintenance and reliability services for Shell's Prelude Floating Liquefied Natural Gas facility.
  • The size of six aircraft carriers, Prelude is the world's largest floating production facility. It will process natural gas collected from subsea wells almost 300 miles offshore from Broome, Western Australia.

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